2025-02-01T01:53:00-08:00 2024-03-31 202669703 OLUGBENGA OLABINTAN CPA INC 137 CAMDEN ST STE 3 NEWARK NJ 07103 990 2023-04-01 221801849 HOPES COMMUNITY ACTION PARTNERSHIP HOPE 8556546737 301 GARDEN STREET HOBOKEN NJ 07030 SIMONA OVANEZIAN PRESIDENT/CHIEF EXECUTIVE OFFICER 8556546737 2025-02-01 true true OLUGBENGA OLABINTAN CPA P01608312 2012307518 2025-02-01 2023 2025-03-06 01:10:19Z SIMONA OVANEZIAN 301 GARDEN STREET HOBOKEN NJ 07030 28345266 false X N/A X 1964 NJ THE ORGANIZATIONS MISSION IS TO PROVIDE COMMUNITY SERVICES THAT RESPOND TO THE SOCIAL, EDUCATIONAL AND TRAINING NEEDS OF INDIVIDUALS IN AN EFFORT TO OVERCOME BARRIERS AND FIGHT THE CAUSES OF POVERTY. 12 12 349 833 0 0 25099557 23053759 375843 868638 425 311052 2902281 4111817 28378106 28345266 0 0 18808226 18656389 0 271328 9311889 9140027 28120115 27796416 257991 548850 23316590 26579460 8666556 11380576 14650034 15198884 THE ORGANIZATIONS MISSION IS TO PROVIDE COMMUNITY SERVICES THAT RESPOND TO THE SOCIAL, EDUCATIONAL AND TRAINING NEEDS OF INDIVIDUALS IN AN EFFORT TO OVERCOME BARRIERS AND FIGHT THE CAUSES OF POVERTY. false false 23780379 0 0 THE ORGANIZATION PROVIDED EARLY CHILDHOOD EDUCATION SERVICES TO APPROXIMATELY 1,300 CHILDREN UNDER THE FEDERAL HEAD START AND NEW JERSEY ABBOTT PRESCHOOL AND UNIVERSAL PRE-K PROGRAMS. IT ALSO PROVIDED COMMUNITY SERVICES BENEFITING APPROXIMATELY 3,200 INCOME ELIGIBLE FAMILIES IN THE CITIES OF HOBOKEN, PLAINFIELD, MANVILLE AND SOMERSET IN THE STATE OF NEW JERSEY. 23780379 true false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 48 0 349 true false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false NJ X X CORPORATION 8556546737 301 GARDEN STREET HOBOKEN NJ 07030 FRANK RAIA BOARD CHAIR 5.00 X X 0 0 0 DR SARA KALAMBUR DDS BOARD VICE CHAIR 3.00 X X 0 0 0 SUZANNE HETMAN BOARD SECRETARY 3.00 X X 0 0 0 KENNETH O'NEILL BOARD TREASURER 4.00 X X 0 0 0 FLORENCE AMATO BOARD MEMBER 1.00 X 0 0 0 CAREY BROWN BOARD MEMBER 1.00 X 0 0 0 SUSAN COSTOMARIS BOARD MEMBER 1.00 X 0 0 0 ELIZABETH ANN FALCO BOARD MEMBER 1.00 X 0 0 0 HOVIE FORMAN BOARD MEMBER 1.00 X 0 0 0 CHRISTIANE HOFFMAN BOARD MEMBER 1.00 X 0 0 0 SHARON RAMPHIR BOARD MEMBER 1.00 X 0 0 0 DEMITA JONES HEAD START, POLICY COUNCIL LIASON 1.00 X 0 0 0 SIMONA OVANEZIAN PRESIDENT, CEO 35.00 X X 210973 0 18390 SUSAN CHABERSKI NEW VP/CFO - EFFECTIVE JANUARY 2023 35.00 X X 180665 0 17951 JOSELYN ESTEVEZ-VARGAS VICE PRESIDENT, EARLY CHILDHOOD 35.00 X 187599 0 17883 JESSICA PALENCIA VICE PRESIDENT, HUMAN RESOURCES/DEVELOPMENT 35.00 X 188171 0 11642 CHRISTOPHER GARCIA DIRECTOR OF FACILITIES 35.00 X 136922 0 11678 904330 0 77544 16 true true false NEW VISION FINANCIAL SERVICES LLC 21 RUTLEDGE AVENUE EWING NJ 08618 ACCOUNTING SERVICES 103846 CANIDO BASONAS CONSTRUCTION SERVICE 314 48TH STREET BROOKLYN NY 11220 BUILDING MAINTENANCE 1375546 NLC SOLUTIONS 129 SOUTH PLAINFIELD AVE SOUTH PLAINFIELD NJ 07080 BUILDING MAINTENANCE 204518 BOTTOM LINE CONCEPTS LLC 3323 NE 163RD STREET SUITE 302 NORTH MIAMI BEACH FL 33160 BUSINESS MANAGEMENT CONSULTING SERVICES 343127 4 22826579 227180 23053759 PARENT FEES 624410 868638 0 0 868638 311052 0 0 2501716 2501716 2501716 2501716 EMPLOYEE RETENTION TAX CREDIT 624410 1466413 1466413 0 0 OTHER INCOME 624410 143688 143688 0 0 1610101 28345266 5291507 0 0 904330 792806 101450 10074 14447918 12666171 1620799 160948 193128 169311 21666 2151 1725643 1512833 193586 19224 1385370 1214523 155414 15433 17592 0 17592 0 539069 208060 331009 0 312881 312881 0 0 133494 107537 25957 0 2561768 2063647 498121 0 192358 153887 38471 0 345014 277928 67086 0 1140139 918446 221693 0 328212 264392 63820 0 SCHOOL SUPPLIES & ACTIVITIES 608239 608239 0 0 FOOD COSTS 1445217 1445217 0 0 SUPPLIES & OFFICE EXPENSES 634988 380993 190497 63498 MAINTENANCE 646311 520640 125671 0 234745 162868 71877 0 27796416 23780379 3744709 271328 3906219 5864996 109552 109664 232940 1757279 1014377 0 140444 151518 26117244 7421241 17913058 18696003 23316590 26579460 472543 481517 3074090 8085740 7716584 108273 108385 8666556 11380576 X 14650034 15198884 14650034 15198884 23316590 26579460 548850 X false true X true true true X 0 19506072 19926597 24208629 24757226 23053759 111452283 0 0 19506072 19926597 24208629 24757226 23053759 111452283 0 111452283 425 311052 311477 0 0 0 0 215070 143688 358758 112122518 0.99400 0.99800 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: OTHER INCOME 2019: 0. 2020: 0. 2021: 0. 2022: 215070. 2023: 143688. 0 773389 773389 24114614 6790223 17324391 782690 343081 439609 446551 287937 158614 18696003 SECURITY DEPOSITS PAYABLE 108385 108385 28345266 28345266 28345266 27884466 88050 88050 27796416 27796416 Pt XII, Line 2d DURING THE PRIOR FISCAL YEAR ENDED MARCH 31, 2023, THE ORGANIZATION ADOPTED THE REQUIREMENTS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED ASU 2016-02, LEASES (TOPIC 842). FOR THE FISCAL YEAR ENDED MARCH 31, 2024 THE IMPLEMENTATION OF THE FASB 842 RESULTED IN INCREASED LEASE RELATED EXPENSES OF $88,050. THE AMOUNT PER IRS REGULATIONS WAS NOT RECOGNIZED FOR TAX PURPOSES - FORM 990. X X X false false false false false false false false false SIMONA OVANEZIAN 210973 0 0 0 0 0 6000 0 12390 0 229363 0 0 0 SUSAN CHABERSKI 180665 0 0 0 0 0 5323 0 12628 0 198616 0 0 0 JOSELYN ESTEVEZ-VARGAS 187599 0 0 0 0 0 3523 0 14360 0 205482 0 0 0 JESSICA PALENCIA 188171 0 0 0 0 0 1150 0 10492 0 199813 0 0 0 Pt VI, Line 8a THE ORGANIZATION IS GOVERNED BY A VOLUNTARY BOARD OF DIRECTORS AND POLICY COUNCIL WHO PROVIDE GOVERNANCE AND OVERSIGHT, ELECT MEMBERS TO THE BOARD AND REVIEW PROGRAMATIC AND FISCAL ACTIVITIES. THE BOARD AND POLICY COUNCIL HOLD REGULARLY SCHEDULED MEETINGS IN ACCORDANCE WITH THE ORGANIZATIONS BY-LAWS. MINUTES ARE RECORDED AT EACH MEETING AND APPROVED AT THE FOLLOWING MEETING. Pt VI, Line 11b THE VP/CHIEF FINANCIAL OFFICER AND THE PRESIDENT/CHIEF EXECUTIVE OFFICER REVIEW FORM 990 TO ENSURE ACCURACY AND COMPLETENESS. THE BOARD OF DIRECTORS ALSO RECEIVES THE FORM 990 FOR REVIEW AND APPROVAL PRIOR TO FILING. Pt VI, Line 12c THE BOARD OF THE ORGANIZATION HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT IS SIMILAR TO THE ONE CONTAINED IN THE INSTRUCTIONS FOR FILING IRS FORM 1023. ALL BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO SIGN AN ANNUAL STATEMENT THAT THEY HAVE RECEIVED A COPY OF THE POLICY AND THAT THEY UNDERSTAND THE POLICY AND AGREE NOT TO ENGAGE IN ACTIVITIES THAT COULD RESULT IN A CONFLICT OF INTEREST. Pt VI, Line 15a THE ORGANIZATION USES A COMPARABILITY STUDY PREPARED BY AN INDEPENDENT COMPANY TO DETERMINE THE COMPENSATION OF MANAGEMENT, KEY EMPLOYEES AND STAFF. COMPENSATION IS LIMITED BY THE TERMS OF CONTRACTS WITH FEDERAL AND STATE AWARDING AGENCIES. PRIOR TO EACH BOARD MEETING, MANAGEMENT PRESENTS SALARY INFORMATION TO THE FINANCE COMMITTEE OF THE BOARD WHICH APPROVES COMPENSATION INCLUDING MERIT INCREASES. Pt VI, Line 15b COMPENSATION FOR OTHER EMPLOYEES IS DETERMINED IN THE SAME MANNER AND PROCESS AS DESCRIBED IN PART VI, SECTION B, LINE 15a OF FORM 990. Pt VI, Line 18 THE ORGANIZATIONS FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE BUSINESS OFFICE, 301 GARDEN STREET, HOBOKEN, NJ 07030, TEL: 855-654-6737. IT COULD ALSO BE OBTAINED THROUGH OTHERS WEBSITE: WWW.GUIDESTAR.ORG Pt VI, Line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE BUSINESS OFFICE, 301 GARDEN STREET, HOBOKEN, NEW JERSEY 07030, TEL: 855-654-6737.